(Reuters photo)HANOI - Vietnam has outlined plans to boost revenues from rice exports over the next decade by focusing on a higher quality product and selling more outside Asia. The world's third-biggest rice producer wants to boost production of higher-quality 5% and 10% broken rice and decrease output of 15% broken rice, according to a paper published on the government's website. By 2030, it aims to sell 50% of its rice exports in Asian countries, down from 60% in 2020. The bulk of Vietnam's current exports are 5% broken rice but Hanoi wants to increase the proportion further, although it did not give details. Exports rebounded 14% in the first half of this year to an estimated 2.96 million tonnes.

Source: Bangkok Post July 06, 2017 13:52 UTC